The GCC and the Development of ASEAN

The GCC and the Development of ASEAN PDF Author: Julius Caesar Parreñas
Publisher: Emirates Center for Strategic Studies and Research
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 9

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Book Description
The Association of South-East Asian Nations (ASEAN) is a grouping of originally five, now nine, resource-rich and mostly economically dynamic countries which lie strategically between the Pacific and Indian Oceans, astride sea-lanes that are vital to the economic and military security of several Northeast Asian countries. As a grouping that exerts strong influence in the Asia-Pacific Economic Cooperation (APEC) and forms the core of the ASEAN Regional Forum (ARF), ASEAN is emerging as a key player in the security and economic development of the Western Pacific region. Due to these factors, ASEAN's stability and continued development are essential to the future stability and prosperity of the whole Asia-Pacific. In some respects, a linkages exists between the security and economic development of ASEAN and the Arab Gulf. Oil from the Arab Gulf is a very important factor in the economy of ASEAN countries. It is also important to the economic security of Japan, and the fact that this commerce passes through sea-lanes in Southeast Asia accounts significantly for the latter's importance to Tokyo. This, in turn, is an essential consideration in the US strategy in Asia, as its relationship with Japan continues to be the cornerstone of its policy. While non-oil trade between the Gulf states and ASEAN is not substantial, the Gulf is important to many ASEAN countries as a major destination of overseas workers, whose remittances play a large role in their economy. Religion also forms a bond between the Gulf and several ASEAN countries where Islam is the faith of either a majority or a significant minority of the population.

The GCC and the Development of ASEAN

The GCC and the Development of ASEAN PDF Author: Julius Caesar Parreñas
Publisher: Emirates Center for Strategic Studies and Research
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 9

Get Book Here

Book Description
The Association of South-East Asian Nations (ASEAN) is a grouping of originally five, now nine, resource-rich and mostly economically dynamic countries which lie strategically between the Pacific and Indian Oceans, astride sea-lanes that are vital to the economic and military security of several Northeast Asian countries. As a grouping that exerts strong influence in the Asia-Pacific Economic Cooperation (APEC) and forms the core of the ASEAN Regional Forum (ARF), ASEAN is emerging as a key player in the security and economic development of the Western Pacific region. Due to these factors, ASEAN's stability and continued development are essential to the future stability and prosperity of the whole Asia-Pacific. In some respects, a linkages exists between the security and economic development of ASEAN and the Arab Gulf. Oil from the Arab Gulf is a very important factor in the economy of ASEAN countries. It is also important to the economic security of Japan, and the fact that this commerce passes through sea-lanes in Southeast Asia accounts significantly for the latter's importance to Tokyo. This, in turn, is an essential consideration in the US strategy in Asia, as its relationship with Japan continues to be the cornerstone of its policy. While non-oil trade between the Gulf states and ASEAN is not substantial, the Gulf is important to many ASEAN countries as a major destination of overseas workers, whose remittances play a large role in their economy. Religion also forms a bond between the Gulf and several ASEAN countries where Islam is the faith of either a majority or a significant minority of the population.

The Gulf Cooperation Council

The Gulf Cooperation Council PDF Author: Linda Low
Publisher: Institute of Southeast Asian Studies
ISBN: 9814311405
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
The Gulf Cooperation Council (GCC) is comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Possessing a significant share of the world's oil and gas reserves and including some of the world's fastest growing economies, the GCC is a significant regional grouping. As with the Association of Southeast Asian Nations (ASEAN), the Council has made significant progress towards economic integration. Seeking to draw out lessons applicable to ASEAN, this report looks at the structure and evolution of the GCC. This includes the context within which the Council was established, its rationale, and economic importance. It then follows the organization's development over time, paying particular importance to its progress from Customs Union and Common Market towards Monetary Union. The report then sets out the key challenges ahead for the Council, and concludes by highlighting the structural, organizational, and political lessons that resonate with ASEAN and its membership.

South Asian Migration to Gulf Countries

South Asian Migration to Gulf Countries PDF Author: Prakash C. Jain
Publisher: Routledge
ISBN: 1317408861
Category : Social Science
Languages : en
Pages : 328

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Book Description
South Asians constitute the largest expatriate population in the Gulf Cooperation Council (GCC) countries. Their contribution in the socio-economic, technological and educational development of GCC nations is immense. This book offers one of the first systematic analysis of South Asia–Gulf migration dynamics and its varied impact on countries such as India, Nepal, Bangladesh, Pakistan and Sri Lanka. It deals with public policy, socio-economic mobility, remittance policy, global financial crisis and labour issues. Bringing together essays from contributors from around the world, the volume reveals not only the multi-dimensionality of the migration process between the two regions, but also the diversity and the underlying unity of the South Asian countries. This book will be invaluable to scholars and students of migration studies, development studies and sociology as well as policy-makers, administrators, academics, and non-governmental organisations in the field.

The Arab Gulf's Pivot to Asia

The Arab Gulf's Pivot to Asia PDF Author: N. Janardhan
Publisher:
ISBN: 9783959941327
Category : Asia
Languages : en
Pages : 0

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Book Description
Over the last two decades the relations between the countries of the Gulf and Asia have expanded beyond the economic domain to include political and even security arrangements. While oil and non-oil trade are still the fulcrum of their association, 'strategic' partnerships are fast becoming the norm. The contributors of this book argue that, along with economic diversification, the Gulf countries have also diversified their foreign policies, especially with China, India, Japan and South Korea, among others. Together with Russia, this could eventually alter the current US-centric security paradigm. This opens up the prospect for a 'collective' security architecture in the Gulf, which is key to regional and global stability.

ASEAN 2030

ASEAN 2030 PDF Author: ADBI
Publisher: Brookings Institution Press
ISBN: 4899740522
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.

South Asian Migration in the Gulf

South Asian Migration in the Gulf PDF Author: Mehdi Chowdhury
Publisher: Springer
ISBN: 3319718215
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
This volume explores the reasons behind, and impact of, the migration of South Asian nationals (from India, Bangladesh, Nepal, Sri Lanka, Pakistan, Bhutan and Maldives, Afghanistan and Myanmar) in the Gulf countries (Saudi Arabia, Oman, Kuwait, Qatar, UAE and Bahrain). The authors provide a broad overview of the demographics of the phenomenon, its mechanisms, and focus on the contribution of migrants in various sectors including construction, health and education, and the overall labour market in the Gulf. The book also taps into the regional geo-politics and its links to the South Asian Migration in the Gulf. This book is recommended reading to all those interested in international migration and labour issues.

Economic Diversification in the GCC

Economic Diversification in the GCC PDF Author: Mr.Tim Callen
Publisher: International Monetary Fund
ISBN: 1498303234
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.

Constructing a Security Community in Southeast Asia

Constructing a Security Community in Southeast Asia PDF Author: Amitav Acharya
Publisher: Psychology Press
ISBN: 0415157625
Category : Asia, Southeastern
Languages : en
Pages : 258

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Book Description
This book contains the most comprehensive and critical account available of the evolution of The Association of Southeast Asian Nations (ASEAN) norms and the viability of the ASEAN way of conflict management.

ASEAN Miracle

ASEAN Miracle PDF Author: Kishore Mahbubani
Publisher: Flipside Digital Content Company Inc.
ISBN: 9814722650
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
The Association of Southeast Asian Nations is a miracle. Why?In an era of growing cultural pessimism, many thoughtful individuals believe that different civilisations-especially Islam and the West-cannot live together in peace. The ten countries of ASEAN provide a thriving counter-example of civilizational co-existence. Here 625m people live together in peace. This miracle was delivered by ASEAN.In an era of growing economic pessimism, where many young people believe that their lives will get worse in coming decades, Southeast Asia bubbles with optimism. In an era where many thinkers predict rising geopolitical competition and tension, ASEAN regularly brings together all the world's great powers.Stories of peace are told less frequently than stories of conflict and war. ASEAN's imperfections make better headlines than its achievements. But in the hands of thinker and writer Kishore Mahbubani, the good news story is also a provocation and a challenge to the rest of the world.This excellent book explains, in clear and simple terms, how and why ASEAN has become one of the most successful regional organizations in the world. - George YeoA powerful and passionate account of how, against all odds, ASEAN transformed the region and why Asia and the world need it even more today. - Amitav Acharya

The Princeton Encyclopedia of the World Economy. (Two Volume Set)

The Princeton Encyclopedia of the World Economy. (Two Volume Set) PDF Author: Kenneth A. Reinert
Publisher: Princeton University Press
ISBN: 9780691128122
Category : Business & Economics
Languages : en
Pages : 1338

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Book Description
Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. Features: ? More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: ? Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel